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Singapore Launches Green Shipping Service to Reduce Maritime Emissions

Singapore Launches Green Shipping Service to Reduce Maritime Emissions

Pacific International Lines (PIL) and PSA International, with support from DNV, have launched Singapore's first joint land-sea green value-added service for cargo transhipped through the Port of Singapore. This service allows shippers and cargo owners to achieve verifiable emissions reductions by using lower-carbon fuels across various transportation modes. The initiative is part of a Memorandum of Understanding signed in March 2025 to advance carbon emissions measurement and reporting in the maritime sector. Trials for the service are set to begin in May. PIL's Chief Commercial Officer, Lionel Patrice Chatelet, emphasized the importance of carbon insetting to reduce emissions within the company's operations, while DNV's Executive Director, Mikkel Skou, highlighted the role of a trusted data ecosystem in delivering measurable emissions reductions.
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Liberia Proposes Revised Net Zero Emissions Plan to IMO Amid U.S. Opposition

Liberia Proposes Revised Net Zero Emissions Plan to IMO Amid U.S. Opposition

Liberia, with the support of Argentina and Panama, is set to present a revised emissions proposal to the International Maritime Organization's (IMO) Marine Environmental Protection Committee. This proposal comes after a previous framework failed to gain consensus last year, largely due to opposition led by the United States. The new proposal removes the controversial IMO fund, which was intended to collect fines from non-compliant ships, a measure seen as punitive by some member states. Instead, the focus has shifted towards incentives for adopting cleaner fuels and technologies, such as onboard carbon capture and wind-assisted propulsion. The proposal aims to align emission reduction targets with the availability of new fuels and technologies, setting targets on a five-year cycle to allow shipowners to plan fleet changes cost-effectively.
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Everllence Highlights 50GW Gap in Achieving IMO's GHG Strategy Goals

Everllence Highlights 50GW Gap in Achieving IMO's GHG Strategy Goals

Everllence, a maritime industry player, has raised concerns about the feasibility of the International Maritime Organization's (IMO) 2023 Greenhouse Gas (GHG) Strategy, which aims for net-zero emissions from international shipping by 2050. Klaus Rasmussen, Project Sales Director at PrimeServ Denmark, emphasized the need for large-scale engine conversions alongside the adoption of Zero-Emission Newbuilds (ZNZ) to meet these targets. Everllence's analysis suggests that even with full ZNZ adoption by 2030, 50 gigawatts of existing two-stroke power must be converted by 2050. This conversion involves approximately 2,000 large vessels, such as containerships and tankers. The current uncertainty around IMO regulations has led shipowners to delay investments, opting for interim efficiency upgrades instead of full conversions.
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Phi Earth and ABS Collaborate on Biomass Systems for Marine Fuel Supply Chain

Phi Earth and ABS Collaborate on Biomass Systems for Marine Fuel Supply Chain

Phi Earth and ABS Collaborate on Biomass Systems for Marine Fuel Supply Chain
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ABS and Fleet Robotics Collaborate on Autonomous Maritime Systems

ABS and Fleet Robotics Collaborate on Autonomous Maritime Systems

ABS and Fleet Robotics Collaborate on Autonomous Maritime Systems
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Logistics Industry's Sustainability Efforts Show Measurable Progress Amid Environmental Challenges

Logistics Industry's Sustainability Efforts Show Measurable Progress Amid Environmental Challenges

Logistics Industry's Sustainability Efforts Show Measurable Progress Amid Environmental Challenges
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Odfjell Invests $290 Million in Fleet Renewal with New Eco-Friendly Vessels

Odfjell Invests $290 Million in Fleet Renewal with New Eco-Friendly Vessels

Odfjell Invests $290 Million in Fleet Renewal with New Eco-Friendly Vessels
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Large Ferries Transition to Battery-First Systems, Signaling Shift in Maritime Industry

Large Ferries Transition to Battery-First Systems, Signaling Shift in Maritime Industry

Large Ferries Transition to Battery-First Systems, Signaling Shift in Maritime Industry
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Carlos Ghosn's Role in Electric Vehicle Industry Transformation

Carlos Ghosn's Role in Electric Vehicle Industry Transformation

Carlos Ghosn's Role in Electric Vehicle Industry Transformation
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Phi Earth and ABS Collaborate to Enhance Marine Biofuel Supply Chain

Phi Earth and ABS Collaborate to Enhance Marine Biofuel Supply Chain

Phi Earth Technologies Pte. Ltd. has entered into a Memorandum of Understanding (MOU) with the American Bureau of Shipping (ABS) to develop regenerative biomass systems for the marine fuel supply chain. This collaboration, announced during Singapore Maritime Week, aims to address the challenges in the marine biofuel industry, particularly the lack of a robust supply chain infrastructure. ABS will provide technical guidance on frameworks for biomass provenance, traceability, and lifecycle carbon intensity assessment. Phi Earth will contribute its agroforestry systems and digital twin monitoring tools to produce scalable, traceable feedstocks. The partnership seeks to bridge the gap between land-based biomass production and the maritime fuel market's technical assurance requirements.
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Funders Commit $1.3B to Zambia's Critical Minerals Rail, Enhancing Global Supply Chains

Funders Commit $1.3B to Zambia's Critical Minerals Rail, Enhancing Global Supply Chains

A $1.3 billion funding commitment has been secured to develop a critical minerals rail corridor in Zambia, aimed at transforming the logistics of mineral transport in Africa. The Africa Finance Corp and African Development Bank have each pledged $500 million, with Italy contributing an additional $320 million. This investment will extend an 830-kilometer railway from Zambia's copper-rich Northwestern Province to Angola's Lobito Atlantic port. The project is designed to reduce transit times from 16 days to 7 days, providing direct access to European and American markets and bypassing traditional routes through Tanzania. This infrastructure is seen as crucial for reducing Western dependence on Chinese-controlled supply chains, especially as demand for electric vehicle batteries and defense applications grows.
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Odfjell Commits $290 Million for Fleet Renewal with Four Newbuilds

Odfjell Commits $290 Million for Fleet Renewal with Four Newbuilds

Odfjell Commits $290 Million for Fleet Renewal with Four Newbuilds